US Strikes Iran & Iran Vows Revenge, US Clears Anthropic’s Mythos 5, More
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News when you want it, with Bloomberg News Now, I'm Ed Kalecki. The U.S. attacked Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, an exchange that threatened to break the two countries' fragile ceasefire. U.S. Central Command says in a post on X the U.S. military conducted strikes against Iran late Friday. as a powerful response to yesterday's attack on a commercial ship that was transiting the Strait of Hormuz. CENTCOM says U.S. aircraft struck Iranian missile and drone storage locations and coastal radar sites, and that the U.S. military remains present and vigilant to ensure all aspects of the agreement with Iran are adhered to. obeyed and in full force and effect iran vowed to respond according to the semi-official isna news agency citing a statement by the islamic revolutionary guard corps quote our naval and air forces successfully repelled the attack the irgc claimed to the statement the guard corps also said it had targeted u.s military positions in the region this reported by state-run press tv
Earlier, President Trump accused Iran of violating their ceasefire agreement by firing at cargo ships transiting the strait, underscoring how unsettled the situation remains in a waterway critical to global energy flows. In the Oval Office Friday afternoon prior to the U.S. attack on Iran, the president was asked by a reporter if the U.S. would retaliate.
You said that Iran violated the ceasefire. Will they face any consequences?
We'll find out. The president continued.
I don't like the fact that they took a shot yesterday, actually four, we knocked down three, at a ship. Not an Allied ship, but a ship, a very expensive ship. It was fine, but it took a little beating. They shouldn't be doing that, so you'll find out.
What triggered the recent U.S. strikes against Iran?
President Trump speaking with reporters Friday in the Oval Office. Friday afternoon, President Trump also spoke at the Faith and Freedom Coalition conference in Washington. He talked about gas prices.
Over the past few weeks, the stock market and your 401k skyrocketed upward like pretty much anything. Nobody's seen before. Oil prices are plummeting downward. We're going to be at $2.50 gasoline.
President Trump speaking Friday at the Faith and Freedom Coalition Conference. With Strait of Hormuz traffic again being interrupted by the Iranian drone attack, retired Rear Admiral Mark Montgomery says their chokehold is not permanent.
The Saudis are going to build a second cross peninsula from east to west pipeline, as is the United Arab Emirates. They're going to be built fast. By this overplay by Iran, they're frittering away their leverage. This leverage will expire when more pipelines are complete.
Retired Rear Admiral Mark Montgomery on Bloomberg's balance of power. Anthropic won U.S. approval to restore some access to its powerful Mythos 5 artificial intelligence model. after resolving Trump administration concerns about the technology's potential threats to national security. The clearance eases a confrontation that erupted two weeks ago when the government abruptly barred Anthropic from giving foreign nationals access to Mythos 5 and a related model, Fable 5, over fears that security guardrails could be circumvented. The order prompted the company to disable all global access to the two advanced systems and touched off intensive talks toward a resolution. The Commerce Department letter dated Friday does not mention any change to its restrictions on use of the Fable 5 model.
Aaron Weiner is shuttering his Millennium Management-backed hedge fund and returning to his former employer, Cotu Management, less than two years after leaving to set up his own shop.
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